Odigma Consultancy Solutions Limited (ODIGMA)
₹20.50 -0.10% last close, 16 Oct
Q2 FY27 results
📅 Next results: 27 Oct 2026 (board meeting)Odigma Consultancy Solutions Limited's board meets on 27 Oct 2026 to consider its Q2 FY27 results (July-September 2026).
In its latest reported quarter, Q1 FY27, Odigma Consultancy's revenue was ₹12.3 Cr (+87.5% year on year, -10.4% on the previous quarter), and net profit ₹0.1 Cr (+35.3% year on year); the operating margin was 0.7%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹12.3 | +87.5% | -10.4% |
| Operating profit | ₹0.1 | from loss | +49.8% |
| Net profit | ₹0.1 | +35.3% | +14.5% |
| EPS (₹) | 0.05 | +25.0% | +25.0% |
| Operating margin | 0.7% | — | — |
ODIGMA delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 87.73% of the ODIGMA shares traded on NSE were taken to delivery, against the stock's own 20-session average of 83.73%. That is close to its usual level. Turnover was only ₹3 lakh, so a handful of trades can move this figure. It closed at a price band (circuit) on 1 session in about the last 20.
Delivery in the last 5 sessions: 83.4% · 80.9% · 84.9% · 92.5% · 87.7%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Odigma Consultancy Solutions held its 15th Annual General Meeting on September 10, 2026, with 48 shareholders attending via video conferencing. Shareholders approved the adoption of FY26 financial statements and the re-appointment of director Vishal Ajitbhai Mehta with over 99.99% votes in favor. Additionally, an ordinary resolution approving material related party transactions with AvenuesAI Limited was passed by public non-institutional shareholders with 99.97% approval, while interested promoter shares were excluded from voting. Overall turnout was 56.03% on standard resolutions and 13.72% on the related party transaction.
- AGM held on September 10, 2026, with 48 attendees (7 promoter group, 41 public) out of 2,80,199 total shareholders as on cut-off date September 03, 2026
- Adoption of FY26 Audited Financial Statements approved with 99.9963% votes in favor (1,75,14,958 votes)
- Re-appointment of Director Vishal Ajitbhai Mehta approved with 99.9926% votes in favor (1,75,14,301 votes)
- Material Related Party Transactions with AvenuesAI Limited approved with 99.9703% votes in favor (42,85,911 votes polled out of eligible public non-institution shares)
Odigma Consultancy Solutions held its 15th Annual General Meeting on September 10, 2026, through video conferencing. Key ordinary resolutions transacted included the adoption of FY26 financial statements, the re-appointment of Director Vishal Ajitbhai Mehta, and the approval of material related-party transactions with AvenuesAI Limited. Remote e-voting was conducted between September 6 and September 9, 2026, and formal voting results under Regulation 44 will be submitted separately. No audit qualifications were reported by statutory or secretarial auditors.
- 15th Annual General Meeting concluded in 8 minutes, running from 11:01 a.m. to 11:09 a.m. on September 10, 2026
- Transacted approval of material related party transactions with AvenuesAI Limited via ordinary resolution
- Shareholders voted on the adoption of audited financial statements for FY26, in which the company reported revenue of Rs 42.45 Cr and net loss of Rs 1.08 Cr
- Remote e-voting was open from September 6, 2026 (09:00 A.M.) to September 9, 2026 (05:00 P.M.) based on cut-off date September 3, 2026
Odigma Consultancy Solutions has announced its 15th Annual General Meeting (AGM) for September 10, 2026. The company's Annual Report for FY26 reveals a revenue of ₹42.45 Cr, a decline from ₹47.34 Cr in FY25, leading to a net loss of ₹1.08 Cr. Shareholders' equity as of March 31, 2026, stood at ₹53.42 Cr. The company is currently focusing on transitioning its service offerings toward AI-driven search optimizations (AEO and GEO) to address shifting digital marketing trends.
- FY26 Revenue reported at ₹42.45 Cr, representing a 10.3% decline from FY25's ₹47.34 Cr
- Net loss for FY26 stood at ₹1.08 Cr, a reversal from the ₹0.39 Cr profit in FY25
- Checkout web services contributed ₹28.02 Cr, accounting for 66% of total FY26 revenue
- Shareholders' Equity decreased to ₹53.42 Cr from ₹59.19 Cr in the previous year
- Remote e-voting period is scheduled from September 06 to September 09, 2026
Odigma Consultancy Solutions reported a strong 88% YoY revenue growth to ₹12.32 Cr for Q1 FY27, driven by the real estate vertical and retainer-based contracts. Net profit increased 40% YoY to ₹0.15 Cr, marking a recovery from the net loss reported in FY26. The company is leveraging its AI tool 'RealAIse' to improve creative output efficiency and has incorporated a new subsidiary in the UAE to expand its footprint. Despite the growth, absolute profit remains low with a PBT margin of approximately 1.6%.
- Revenue from operations grew 88% YoY to ₹12.32 Cr in Q1 FY27 compared to ₹6.57 Cr in Q1 FY26
- Net Profit (PAT) increased 40% YoY to ₹14.88 lakhs from ₹10.62 lakhs
- Digital Marketing segment contributed 95% of total revenue, amounting to ₹11.74 Cr
- Incorporated a wholly-owned subsidiary, Odigma FZE LLC, in the United Arab Emirates
- 15th Annual General Meeting (AGM) scheduled for September 10, 2026
Odigma Consultancy Solutions reported a strong 88% YoY increase in revenue to ₹12.32 Cr for Q1 FY27, compared to ₹6.57 Cr in the same quarter last year. Net profit grew 40% YoY to ₹14.88 lakhs, showing a recovery from the net loss of ₹1.08 Cr reported for the full year FY26. The Digital Marketing segment remains the primary driver, contributing 95% of total revenue. While top-line growth is robust, net profit margins remain thin at approximately 1.2%.
- Revenue from operations increased 88% YoY to ₹12.32 Cr from ₹6.57 Cr.
- Net profit for the quarter rose 40% YoY to ₹14.88 lakhs.
- Digital Marketing segment revenue reached ₹11.74 Cr, accounting for 95% of total revenue.
- Incorporated a new wholly-owned subsidiary, Odigma FZE LLC, in the United Arab Emirates.
- 15th Annual General Meeting (AGM) scheduled for September 10, 2026.
Odigma Consultancy Solutions Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The Registrar and Transfer Agent (RTA), Alankit Assignments Limited, confirmed that as of June 30, 2026, the company has no shares held in physical form. This is a standard procedural filing required for all listed entities to ensure dematerialization standards. The company, which reported a TTM revenue of ₹42 Cr, remains compliant with depository regulations.
- Reporting period ended June 30, 2026
- Confirmation of 0 shares held in physical form
- RTA Alankit Assignments Limited issued the certificate on July 06, 2026
- Company maintains compliance with SEBI (Depositories and Participants) Regulations
Odigma Consultancy Solutions Limited has announced the closure of its trading window starting July 01, 2026, in compliance with SEBI Insider Trading Regulations. The closure is ahead of the declaration of financial results for the quarter ending June 30, 2026. The window will remain shut for all designated persons until 48 hours after the results are made public. The specific date for the board meeting to approve the financial results will be communicated at a later time.
- Trading window closure commences on Wednesday, July 01, 2026.
- Closure pertains to the financial results for the quarter ended June 30, 2026.
- The window will reopen 48 hours after the official declaration of the quarterly results.
- Compliance is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Odigma Consultancy Solutions reported a weak set of annual results for FY26, with revenue from operations declining 10.3% to ₹42.45 crore compared to ₹47.34 crore in FY25. The company shifted from a net profit of ₹38.99 lakhs in the previous year to a net loss of ₹1.08 crore, primarily driven by lower operational income and a 24.7% surge in employee benefit expenses. While Q4 FY26 showed a marginal standalone profit of ₹12.98 lakhs, the overall annual performance remains under pressure. Total comprehensive loss for the year stood at ₹6.28 crore, heavily impacted by fair value adjustments on investments.
- Annual Revenue from operations fell to ₹4,244.62 Lakhs in FY26 from ₹4,733.89 Lakhs in FY25.
- Reported an annual Net Loss of ₹108.31 Lakhs against a Net Profit of ₹38.99 Lakhs in the previous fiscal.
- Employee benefit expenses increased significantly to ₹1,011.05 Lakhs from ₹810.82 Lakhs YoY.
- Total Comprehensive Loss for FY26 was ₹628.18 Lakhs, including a ₹605.57 Lakhs hit from fair value changes in investments.
- Q4 FY26 standalone profit showed a slight uptick to ₹12.98 Lakhs compared to ₹9.20 Lakhs in Q4 FY25.
Odigma Consultancy Solutions Limited has officially declared that it does not meet the criteria for a Large Corporate entity as of March 31, 2026. Per SEBI guidelines, the company reported zero outstanding borrowings at the end of the financial year. This classification means the company is not subject to mandatory incremental borrowing requirements through debt securities. The filing is a routine compliance matter confirming the company's debt-free status regarding long-term borrowings.
- Confirmed non-applicability of Large Corporate framework as of March 31, 2026.
- Reported total outstanding borrowings of Nil (Rs. 0.00 Crore).
- Highest credit rating for the previous financial year was reported as Not Applicable (N.A.).
- Compliance filing submitted under SEBI Operational Circular SEBI/HO/DDHS/P/CIR/2021/613.
Odigma Consultancy Solutions Limited has responded to clarification requests from BSE and NSE regarding recent significant movements in its share price. The company stated that it has complied with all disclosure requirements under SEBI (LODR) Regulations, 2015, and has no undisclosed price-sensitive information. Management maintains that the price fluctuations are purely market-driven and beyond the company's control. This response aims to reassure investors that no hidden corporate developments are currently influencing the stock's volatility.
- Response issued on April 14, 2026, following exchange queries dated April 13, 2026.
- Company confirms full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations.
- Management attributes recent price and volume volatility strictly to market conditions.
- Reiterated commitment to timely dissemination of any future price-sensitive information.
Odigma Consultancy Solutions Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing, issued by Alankit Assignments Limited, pertains to the quarter ended March 31, 2026. The Registrar and Transfer Agent (RTA) confirmed that there is no holding of shares in physical form for the company. This routine disclosure confirms the company's adherence to electronic shareholding standards and regulatory transparency.
- Compliance certificate submitted for the quarter ended March 31, 2026.
- Issued by Registrar and Transfer Agent (RTA) Alankit Assignments Limited.
- Confirmation that 100% of shares are dematerialized with zero physical holdings.
- Adherence to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.
Odigma Consultancy Solutions Limited has successfully passed two key resolutions via postal ballot with overwhelming shareholder support. Mr. Mathew Jose has been re-appointed as the Managing Director, receiving 99.96% of the valid votes cast. Furthermore, shareholders approved material related party transactions with AvenuesAI Limited, with 99.88% of non-interested votes in favor. These results ensure leadership stability and provide the necessary regulatory clearance for the company's planned business engagements with AvenuesAI.
- Re-appointment of Mr. Mathew Jose as Managing Director approved with 1,76,82,361 votes in favor (99.96%).
- Material Related Party Transactions with AvenuesAI Limited passed with 99.88% approval from voting shareholders.
- Over 1.32 crore votes were categorized as invalid for the RPT resolution, likely due to the exclusion of interested promoter entities.
- The voting process was conducted entirely through remote e-voting between February 25 and March 26, 2026.
Odigma Consultancy Solutions Limited has announced the closure of its trading window for all designated persons starting March 27, 2026. This move is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the financial results for the quarter and year ending March 31, 2026. The trading window will remain closed until 48 hours after the official declaration of these financial results. This is a standard regulatory procedure to ensure no insider trading occurs while sensitive financial data is being processed.
- Trading window closure effective from Friday, March 27, 2026.
- Closure pertains to the financial results for the quarter and year ending March 31, 2026.
- Window to remain closed until 48 hours post-announcement of financial results.
- Complies with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Odigma Consultancy Solutions Limited has designated specific Key Managerial Personnel (KMPs) to determine the materiality of events for stock exchange disclosures. This move is in compliance with Regulation 30(5) of the SEBI (LODR) Regulations, 2015. The authorized team includes the Managing Director, Chief Financial Officer, and Company Secretary, with the policy taking effect on March 27, 2026. This is a standard administrative update to ensure transparent and timely reporting to the BSE and NSE.
- Authorization of 3 Key Managerial Personnel for determining event materiality
- Effective date for the new disclosure protocol set for March 27, 2026
- KMPs include MD Mathew Jose, CFO Saumya Yagnik, and CS Prachi Jain
- Compliance update under Regulation 30(5) of SEBI LODR Regulations
Odigma Consultancy Solutions Limited has announced a leadership transition in its finance department. Ms. Guddi Bharatbhai Chauhan has resigned as Chief Financial Officer effective March 26, 2026, due to personal reasons involving relocation abroad. To ensure continuity, the board has appointed Ms. Saumya Yagnik as the new CFO effective March 27, 2026. Ms. Yagnik is a Chartered Accountant with over 8 years of experience, including a prior 2-year tenure as a CFO and experience at KPMG India.
- Resignation of Ms. Guddi Bharatbhai Chauhan as CFO effective from closure of business on March 26, 2026.
- Appointment of Ms. Saumya Yagnik as the new Chief Financial Officer effective March 27, 2026.
- New CFO Saumya Yagnik brings over 8 years of professional experience in accounts, finance, and audit.
- Ms. Yagnik previously served as a CFO for 2 years and has experience in management consultancy at KPMG India.
Financial Performance
Revenue Growth by Segment
Total revenue grew by 49% Y-o-Y in Q2FY26. The company operates in two primary segments: Digital Marketing and Global Top Level Domain Undertaking. Digital Marketing revenue is driven by retainer-based services like SEO and social media management, while the domain registry provides infrastructure-related income.
Geographic Revenue Split
Not disclosed in available documents. The company maintains its registered office in GIFT City, Gandhinagar, and a corporate office in Bengaluru, Karnataka.
Profitability Margins
Profit After Tax (PAT) surged 66% Y-o-Y to INR 12 Lakhs in Q2FY26. The 66% growth in PAT significantly outpaced the 49% revenue growth, indicating substantial margin expansion and improved operational efficiency in the bottom-line focused business model.
EBITDA Margin
Not explicitly disclosed as a percentage, but the 66% Y-o-Y surge in PAT to INR 12 Lakhs suggests core profitability is strengthening as the company shifts toward high-margin retainer contracts which provide better cost absorption than sporadic campaigns.
Capital Expenditure
The company reported a net cash outflow in investing activities of INR 1,980.39 Lakhs for the half-year ended September 30, 2025, compared to an inflow of INR 157.94 Lakhs in the previous year, reflecting significant investment in assets or equity instruments.
Credit Rating & Borrowing
Not disclosed in available documents. The company reported cash and cash equivalents of INR 1,223.40 Lakhs as of September 30, 2025.
Operational Drivers
Raw Materials
As a digital marketing firm, the primary 'raw materials' are human capital and technology infrastructure. Personnel costs and digital tool subscriptions represent the bulk of operational expenses, though specific percentage breakdowns are not provided.
Import Sources
Not applicable for digital services. Operations are centered in Gandhinagar (Gujarat) and Bengaluru (Karnataka).
Key Suppliers
Not disclosed in available documents; however, the company interacts with vendors, banks, and regulators to maintain its digital marketing and domain registry operations.
Capacity Expansion
Not applicable in traditional manufacturing terms. The company is expanding its service capacity by focusing on 'bottom-line' segments like SEO and ORM to build a sustainable foundation for future 'top-line' aggressive growth.
Raw Material Costs
Not applicable for service-based model. The company focuses on managing service delivery costs for social media management and creative design to maintain its 66% PAT growth.
Manufacturing Efficiency
Not applicable. Efficiency is measured by the 66% Y-o-Y growth in PAT, achieved through a strategic shift toward high-margin retainer services.
Strategic Growth
Expected Growth Rate
49%
Growth Strategy
The company is executing a two-phase strategy: first, establishing a stable foundation through 'bottom-line' retainer services (SEO, ORM, social media) that provide consistent cash flow; second, leveraging this stability to aggressively pursue 'top-line' growth through large-scale digital marketing campaigns.
Products & Services
Social media management, Search Engine Optimization (SEO), Online Reputation Management (ORM), creative design work, and Global Top Level Domain (gTLD) registry services.
Brand Portfolio
ODigMa
New Products/Services
The company is focusing on expanding its 'bottom-line' service engagements such as ORM and creative design to drive the 66% PAT growth.
Market Expansion
Following its demerger from Infibeam Avenues Ltd and listing in December 2024, the company is targeting growth in the digital marketing and e-commerce services segment.
Strategic Alliances
The company was recently demerged from Infibeam Avenues Ltd, which provided the initial corporate structure and listing platform.
External Factors
Industry Trends
The digital marketing industry is shifting from sporadic, high-spend campaigns to sustainable, long-term retainer models. ODigMa is positioning itself by prioritizing 'bottom-line' segments to build a stable foundation before scaling.
Competitive Landscape
The company competes in the crowded digital marketing and domain registry space, differentiating itself through its demerger pedigree and focus on profitable retainer segments.
Competitive Moat
The company's moat is built on long-term client relationships and a retainer-based service model that generates consistent cash flow. This is sustainable because services like SEO and ORM are essential, ongoing requirements for modern businesses, creating high switching costs.
Macro Economic Sensitivity
The company is sensitive to digital advertising spend trends; however, its focus on retainer services (SEO/ORM) provides a buffer against macro-economic volatility that typically affects large discretionary ad campaigns.
Consumer Behavior
Increased corporate focus on online reputation and search visibility is driving demand for ODigMa's ORM and SEO services.
Regulatory & Governance
Industry Regulations
The company must comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Ind AS-108 for segment reporting, and Secretarial Standards SS-1 and SS-2 for board and general meetings.
Environmental Compliance
Not applicable for digital services; however, the company maintains an Internal Complaints Committee for sexual harassment redressal as per the Act of 2013.
Taxation Policy Impact
The company accounts for taxes on its standalone financial results; however, the specific effective tax rate % is not provided in the summary.
Legal Contingencies
The company reported zero (0) complaints filed, disposed of, or pending regarding sexual harassment for the financial year 2024-25.
Risk Analysis
Key Uncertainties
The primary uncertainty is the non-cash impact of fair value changes in equity instruments, which recorded a negative amount in Other Comprehensive Income in H1FY26 due to market fluctuations.
Geographic Concentration Risk
Operations are concentrated in India, specifically with offices in Gujarat and Karnataka.
Third Party Dependencies
Dependency on domain registry protocols and digital platform algorithms (Google/Meta) for service delivery.
Technology Obsolescence Risk
The digital marketing field is subject to rapid technological shifts; the company manages this by maintaining expertise in SEO, ORM, and creative design.
Credit & Counterparty Risk
Total segment assets include INR 7,483.06 Lakhs, which encompasses receivables and investments; the company monitors these to ensure liquidity.